The Definitive Guide to Forex Trade Copying

Hello my dear readers and future trade copiers. I have spent the last few months working hard on creating this Definitive Guide to Forex trade copying. My aim with this guide was to create the most complete and in depth overview of the trade copying process available on the market today. I hope that I’ve come close to my goal and that you’ll find my guide useful.

Here’s a snapshot of what you will learn with my 13,000-word trade copying guide:

CHAPTER 2: Plan your Trade Copy campaign – this chapter discusses the many different trade copying setups: copying trades from one account to another, copying trades from one account to many different accounts or copying trades from many accounts to a single trading account. It also expands on the possibilities with trade copying. A signal provider can copy the trades from his account. A Forex trader can use the reverse trading feature in the software to copy losing trades and reverse them for a profit.

CHAPTER 5: Copying trades between MetaTrader 4 platforms – this chapter gives an overview of the trade copying process. The section also goes into some of the special settings of the Local Trade Copier, like the ability to partially close trades, the different money management features that the tool contains or the stop loss and take profit manipulations that can be applied by using the software. A must read chapter.

CHAPTER 6: Getting a VPS server for uninterruptable software operation – What is a Virtual Private Server? How can you get one? While you can run the LTC software without a VPS, it is highly recommend to get one. This chapter goes into the process of setting up a VPS and configuring the Local Trade Copier so that it can operate in the new server environment.

CHAPTER 10: Overcoming common trade copying roadblocks – In this chapter I discuss and offers solutions to the most common roadblocks and misconceptions people have about trade copying. Do I need a real money account or expensive servers in order to copy trades? This section offers answers to these questions and a lot more.

Conclusion

My hope is that you like The Definitive Guide to Forex Trade Copying. I will do my best and try to keep the guide updated, but I will need your help with this. Please leave a comment below if you think that anything needs to be fixed or something is missing. Or maybe something is still not clear for you after reading it all?

About
Rimantas Petrauskas

I am the creator of the Local Trade Copier program and a professional developer of Forex trading signal delivery software for MetaTrader 4 client terminal. Also I am into 100% automated currency trading that generates profits while I enjoy the time with my family, our life and traveling.

10 Comments

Killer! =) This is wonderfully in-depth and useful for trade copying. It’s too much to take in with just one read but THAT’S A GOOD THING!

I always like in these guides from you how much detail there is on ALL aspects of the topic… I am really hoping we can find the perfect “bad ea” to reverse with this strategy because it is a good one. I once had one that was a little bad and I reversed it with your local trade copy software and it made about 10% the first month. (why oh why did I stop this test?!)

I wanted to add also what I noticed in Chapter 2… the idea for starting up a trading signal service. It is a fantastic idea if you are a profitable trader I think…. every trader that I can imagine would just like to subscribe to a monthly service and then have their account grow.

Using this trade copying strategy shared in Chap 2 is a great recipe for starting such a business. 🙂

Yes, John. I encourage all Forex traders to start their own trading signals service. I have done this myself few years ago and I am very glad I did that. Now I am teaching others how to do this. Stay tuned for more content on this and my renewed eBook that should be released soon.

Excellent work. Great effort. The next on your list is to promote and market this to many fx portal. Like dailyfx, fx street, forex magnate, forex crunch. Etc.
Setup an adwords account, buy keywords and start attract traffic to convert.
Setup a Facebook ad and do the same.

I wish I can write and flood my blog with words like u. I’ve already come up with headlines on definitive guides as well as death match where classic indicators versus price action. Etc…

Way the go.

I’ll promote for you on my Facebook page. Or you can buy gigs from fiverr to get more likes.

thank you for such a kind words. Marketing for this piece of content in step 2 and this is what I am planning right now. It takes more than just to create an ad and is usually a hard work, but it’s always worth it.

Just like you were not making profit except for the last 10 months, I wasn’t able to even write a short blog post 10 months ago. But I started to learn and now I am proud to write bigger pieces of content that can be useful for my readers and customers. It’s a good feeling when it’s written by me and when there people like my work.

I will be glad to work on a guide together with you which we can then post either on your or my blog. Contact me for more information if you like this idea.

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